440 Madison Creek CtClevelandSC29635
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Cleveland at 440 Madison Creek Ct, Cleveland, SC, 29635 generates $2,363/mo in rent and, after a $1,664/mo payment, leaves $316/mo in cash flow. Total monthly income is $2,363/mo, and annual cash flow is $3,786/yr on $112,677 invested. Return on cash invested sits at 23.27% in year one, and rental yield is 8.34% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 120.66% and total cumulative return in cash sums $135,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,363/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
9,583 sqft lot
$N/A/sqft
$285 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29635, Cleveland, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,046 (100%) |
| Owner Occupied HU | 606 (57.9%) |
| Renter Occupied HU | 74 ( 7.1%) |
| Vacant Housing Units | 366 (35.0%) |
| Median Home Value | $250,000 |
| Average Home Value | $291,316 |
Housing Distribution
Address Breakdown
Residential
726
Single Family
726
Multi-Family
0
Businesses
22
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Listed by: Miller Coleman • The Coleman Company
Mls Name: SAR
Mls Provider:
Mls ID: #318939
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.